The resources used to create wealth: land, labor, capital, entrepreneurship, and knowledge.

Goods

Tangible products such as computers, food, clothing, cats, and appliances.

Greening

The trend toward saving energy and producing products that cause less harm to the environment.

Identity theft

The obtaining of individuals� personal information, such as Social Security and credit card numbers, for illegal purposes.

Loss

When a business�s expenses are more than its revenues.

Nonprofit organization

An organization whose goals do not include making a personal profit for its owners or organizers.

Outsourcing

Contracting with other companies (often in other countries) to do some or all of the functions of a firm, like its production or accounting tasks.

Productivity

The amount of output you generate given the amount of input (e.g., hours worked).

Profit

The amount of money a business earns above and beyond what it spends for salaries and other expenses.

Quality of life

The general well-being of a society in terms of its political freedom, natural environments, education, health care, safety, amount of leisure and rewards that add to the satisfaction and joy that other goods and services provide.

Revenue

The values of what is received for goods sold, services rendered, and other financial sources.

Risk

The chance of loss, the degree of probability of loss, and the amount of possible loss.

Services

Intangible products (i.e., products that can�t be held in your hand) such as education, health care, insurance, recreation, and travel and tourism.

Stakeholders

All the people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address.

Standard of living

The amount of goods and services people can buy with the money they have.

Technology

Everything from phones and copiers to computers, medical imaging devices, personal digital assistants, and the various software programs that make business processes more effective, efficient, and productive.